By David Barwick – FRANKFURT (Econostream) – The European Central Bank may be able to cut interest rates further, but only gradually, according to Governing Council member Pierre Wunsch on Wednesday.
28 November 2024
By David Barwick – FRANKFURT (Econostream) - European Central Bank President Christine Lagarde on Thursday said that the impact on Europe of a trade war could be slightly inflationary on balance in the short run.
28 November 2024
By Marta Vilar – MADRID (Econostream) - European Central Bank Executive Board member Isabel Schnabel said on Wednesday that the ECB should be wary of cutting rates into accommodative territory.
27 November 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn on Tuesday said that the ECB would take interest rates towards a neutral level throughout the first half of next year.
26 November 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Tuesday that although the impact of US tariffs on European inflation might be insubstantial, that on long-term interest rates could be more considerable.
26 November 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mário Centeno said on Tuesday that potential tariff hikes by the new Donald Trump administration were not positive for Europe.
26 November 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Tuesday that the indirect effect on inflation of potential tariff hikes could become more permanent.
26 November 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Monday said that he remained open-minded about how fast the ECB cut interest rates.
25 November 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Monday urged that monetary policy be eased gradually in view of multiple remaining upside risks to inflation.
25 November 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Philip Lane said on Monday that the ECB should stick to its current communication approach without guidance on the speed and size of interest rate cuts.
25 November 2024
By David Barwick and Marta Vilar – FRANKFURT (Econostream) - Like a leg straightening at the blow of a reflex hammer, markets reacted to Friday’s euro area PMI data by assuming that the stage was finally set for the European Central Bank to cut by 50bp next month. We think they are – yet again - assuming too much.
25 November 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Philip Lane said on Monday that the ECB should not maintain a restrictive monetary policy stance for too long lest it impact inflation and economic growth.
25 November 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Saturday that the decisions taken by the ECB are independent of those of the Fed.
23 November 2024
By Marta Vilar – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy said on Friday that economic activity in France was stronger than recent PMI data might suggest.
22 November 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that the ECB was evidently succeeding in getting inflation under control and that authorities were quite sure of durably restoring price stability earlier than projected in September.
22 November 2024
By Marta Vilar – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Friday that the latest PMI data were not surprising and confirmed the sluggish situation of the German economy.
22 November 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council members Joachim Nagel and François Villeroy de Galhau on Friday said that victory in the fight against inflation was in view and called for Germany and France to lead efforts to overcome challenges to Europe.
22 November 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday cautioned that the ramifications of the outcome of the elections in the US included international trade conflicts and probably higher inflation in both Europe and the US.
22 November 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos on Friday downplayed the importance of the amount by which the ECB cuts rates, reiterating that the direction of monetary policy is clear.
22 November 2024
By David Barwick – FRANKFURT (Econostream) - European Central Bank President Christine Lagarde on Friday said that the fragmentation of capital markets in Europe called for achieving Capital Markets Union (CMU) and proposed solutions to the various factors hindering progress toward this goal.
22 November 2024